Global X US Infrastructure Development ETF
PAVE
376 hedge funds and large institutions have $1.63B invested in Global X US Infrastructure Development ETF in 2022 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 92 increasing their positions, 174 reducing their positions, and 44 closing their positions.
368% more call options, than puts
Call options by funds: $6.32M | Put options by funds: $1.35M
1.15% less ownership
Funds ownership: 52.28% → 51.13% (-1.1%)
5% less funds holding
Funds holding: 394 → 376 (-18)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
14% less capital invested
Capital invested by funds: $1.89B → $1.63B (-$260M)
30% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 44
47% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 174
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$13.5M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$10.9M |
| 3 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
+$6.78M |
| 4 |
G
GenTrust
Miami,
Florida
|
+$2.7M |
| 5 |
SW
Simplicity Wealth
Summit,
New Jersey
|
+$2.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$40.3M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$33.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$25.2M |
| 4 |
EW
Evoke Wealth
Los Angeles,
California
|
-$21.2M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$19.1M |
PAVE Hedge Fund Activity: Q3 2022 in Review
376 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Global X US Infrastructure Development ETF (PAVE) for Q3 2022, worth a combined $1.63B — down 14% from $1.89B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of PAVE and 31 opened new positions — a net loss of 13 holders — while 174 trimmed existing stakes and 92 added.
The largest buyer was CIBC Private Wealth Group, adding an estimated $13.5M. The largest seller was RiverFront Investment Group, cutting an estimated $40.3M.
- 376 institutional investors held Global X US Infrastructure Development ETF (PAVE) as of Q3 2022, down from 394 in Q2 2022.
- Funds reported $1.63B of Global X US Infrastructure Development ETF stock for Q3 2022, down 14% quarter-over-quarter.
- 31 funds opened new Global X US Infrastructure Development ETF positions in Q3 2022 and 44 closed out, a net change of -13 holders.
- The largest Global X US Infrastructure Development ETF buyer in Q3 2022 was CIBC Private Wealth Group, an estimated $13.5M added.
- The largest Global X US Infrastructure Development ETF seller in Q3 2022 was RiverFront Investment Group, an estimated $40.3M sold.
Based on aggregated 13F filings for Q3 2022.